Nicholas County Property Taxes

Nicholas County, Kentucky

Effective Tax Rate

0.00%

37.9% below state avg

Median Annual Tax

$0

$57/mo escrow

#14 of 120 counties in Kentucky

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.57%

vs. Kentucky Avg37.9% below
vs. National Avg74.8% below

At a Glance

Median Home Value

$119,600

State avg $150,167

Tax w/ Mortgage/yr

$919

$77/mo escrow

Tax w/o Mortgage/yr

$430

$36/mo

State Tax Rate Rank

#14

of 120 counties (1 = lowest)

Data Story

About Property Taxes in Nicholas County, Kentucky

Nicholas County: lowest-taxed in comparison

With an effective tax rate of 0.568%, Nicholas County ranks among the lowest-taxed counties nationally, placing it in approximately the 10th percentile. At $679 annually on a median home value of $119,600, Nicholas residents benefit from significantly lower property taxes than the national median of $2,690.

Kentucky's lowest-taxed county grouping

Nicholas County's 0.568% effective rate is the lowest among all eight profiled counties and well below Kentucky's state average of 0.719%. The median property tax of $679 is less than two-thirds of the state median of $1,093.

Clear tax advantage over all neighbors

Nicholas County's 0.568% rate is substantially lower than every comparable county: Muhlenberg (0.694%), Owen (0.746%), Pendleton (0.775%), Nelson (0.795%), and Oldham (0.921%). This makes Nicholas one of the most tax-friendly communities in the region.

Minimal annual tax on median home

A median-valued home of $119,600 in Nicholas County costs just $679 annually in property taxes. This translates to approximately $919 when all mortgage-related taxes are included.

Even low-tax counties merit appeals

Despite Nicholas County's favorable tax environment, homeowners should still verify their assessed values are accurate and current. Property tax appeals are free or low-cost and can provide additional savings even in already-affordable counties.

How Nicholas County Compares

Median Annual Property Tax

Nicholas County$679
Kentucky State Average$1,093
National Average$1,924

Nicholas County

0.57%

Effective rate

Kentucky Avg

0.73%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Nicholas County, Kentucky?
The effective property tax rate in Nicholas County, Kentucky is 0.57%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Nicholas County?
The median annual property tax payment in Nicholas County is $679. Homeowners with a mortgage pay a median of $919, while those without a mortgage pay $430.
How does Nicholas County compare to the Kentucky average?
Nicholas County's effective tax rate of 0.57% is lower than the Kentucky state average of 0.73%. The median annual property tax in Nicholas County is $679, compared to the state average of $1,093.
What is the median home value in Nicholas County, Kentucky?
The median home value in Nicholas County, Kentucky is $119,600, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Nicholas County a low property tax area in Kentucky?
Yes — Nicholas County's effective property tax rate of 0.57% is below the Kentucky average of 0.73%. The median annual property tax of $679 is also lower the state average of $1,093, making it a relatively affordable area for property taxes.
How does Nicholas County rank for property taxes in Kentucky?
Nicholas County ranks #14 out of 120 counties in Kentucky by effective property tax rate (1 = lowest). With a rate of 0.57% and median annual tax of $679, it falls in the lower third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Kentucky

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.